Mr Price jumps, forecasts profit rise

Comment on this story
Mr_Price INDEPENDENT MEDIA A Mr Price retail store

Johannesburg - Shares of Mr Price rise more than 5 percent after the South African discount retailer says earnings for the year to end-March were likely up by as much as 23 percent.

Mr Price, which sells clothing and household goods, will release its final results on May 27.

Its shares are up 5.24 percent to 165.78 rand. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines